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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Monticello, ME
$ 139,900
ROI
29.1
Cash Flow/m
364- 3 Bed
- 1 Bath
- 1008 sft
150 Wotton Road, Monticello, ME, 04760
$ 187,500
ROI
23.3Cash Flow/m
185- 4 Bed
- 1 Bath
- 1858 sft
412 U.S. 1 Highway, Monticello, ME, 04760
$ 249,900
ROI
26.3Cash Flow/m
453- 3 Bed
- 2 Bath
- 2800 sft
55 Cherry Hill Street, Monticello, ME, 04760
$ 237,777
ROI
20.1Cash Flow/m
26- 3 Bed
- 1 Bath
- 792 sft
52 East Conroy Lake Road, Monticello, ME, 04760
Why Invest in Monticello, Maine?
Investing in single-family homes in Monticello, ME offers a promising opportunity with steady rental demand and attractive cap rates. The local market shows a solid average ROI of around 7%, supported by a rental yield of 6.5% and average cash flow favorable for investors. Appreciation rates are moderate, reflecting a stable housing market backed by community growth. With a renter-occupied rate near 40%, there's a healthy tenant base, making Monticello a strong consideration for real estate portfolios focused on long-term gains.
7%
Avg. ROI
6.5%
Rental Yield
6.2%
Cap Rate
$400/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI is approximately 7%, reflecting good potential returns for investors in this market.
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